Reed v. Bond
Michigan Supreme Court
Appeal from Ontonagon. (Stone, J., presiding.) Bill to foreclose a mortgage. Defendants appeal. The facts are stated in the opinion.
1Opinion of the CourtMontgomery, J.
The bill in this case was filed to foreclose a mortgage on the undivided one-fourth of certain lands in the county of Ontonagon, given on the 1st day of November, 1872, by George W. Knowlton to one James O'Brien, which mortgage was assigned to complainant in December, 1873. The defense is:
1. That the assignment from O'Brien to complainant was made in payment of a gaming debt.
2. That, at the time of the execution of the mortgage by Knowlton, his interest in the property was that of a-mortgagee only, and that, therefore, the mortgage by Knowlton was, in effect, a mortgage of a mortgage. This…
2Cases cited6 opinions
- Conway's Executors & Devisees v. AlexanderSupreme Court of the United States · 1812
- Henley v. HotalingCalifornia Supreme Court · 1871
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- Bagg v. JeromeMichigan Supreme Court · 1859
- Clark v. LandonMichigan Supreme Court · 1892
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3Cited by11 opinions
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- Craig v. CrossmanMichigan Supreme Court · 1920
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